FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 (Print or Type Responses) ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Kanders Warren B. and Kanders Florida Holdings, Inc. ----------------------------------------------------- (Last) (First) (Middle) c/o Kanders & Company, Inc. Two Soundview Drive ----------------------------------------------------- (Street) Greenwich CT 06930 ----------------------------------------------------- (City) (State) (Zip) ------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol Armor Holdings, Inc. (AH) ------------------------------------------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) ------------------------------------------------------------------------------- 4. Statement for Month/Day/Year 9/16/02* ------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) ------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Chairman of the Board of Directors ------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) [ ] Form filed by One Reporting Person [X] Form filed by More than One Reporting Person ------------------------------------------------------------------------------- TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED --------------------------------------------------------------------------------------------------------------------------------- 2A. Deemed 5. Amount of Execu- Securities 6. Owner- 2. Trans- tion Beneficially ship action Date 3. Trans- 4. Securities Acquired (A) Owned Form: Date if any action or Disposed of (D) Following Direct 7. Nature of ------- ------ Code (Instr. 3, 4 and 5) Reported (D) or Indirect 1. Title of (Month/ (Month/ (Instr. 8) -------------------------- Transaction(s) Indirect Beneficial Security Day/ Day/ ---------- Amount (A) or Price (Instr. (I) Ownership (Instr. 3) Year) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) --------------------------------------------------------------------------------------------------------------------------------- Common Stock, par value $0.01 per share 8/12/02 A V 10,447 A (1) --------------------------------------------------------------------------------------------------------------------------------- Common Stock, par value $0.01 per share 8/12/02 A V 100,000 A (2) 2,222,802 D --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- * Each of the transactions reported herein is reportable on a Form 5 and is being voluntarily reported on this Form 4 which is being filed prior to the due date of the Form 5. FORM 4 (continued) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G. PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 3A. 4. 5. 6. 7. 8. 9. 10. 11. ------------------------------------------------------------------------------------------------------------------------------------ Title and Number of Ownership Number of Date Exer- Amount of Derivative Form of Deemed Derivative cisable and Underlying Securities Deriv- Execu- Securities Expiration Securities Price Benefi- ative Title Conver- Trans- tion Trans- Acquired (A) Date (Month/ (Instr. 3 of cially Security: of sion or action Date, action or Disposed Day/Year) and 4) Deriv- Owned Direct Deriv- Exercise Date if any Code of (D) -------------- -------------- ative Following (D) or Nature of ative Price of ------ ------ (Instr. (Instr. 3, Date Amount Secur- Reported Indirect Indirect Security Deriv- Month/ Month/ 8) 4 and 5) Exer- Expir- or Num- ity Transac- (I) Beneficial (Instr. ative Day/ Day/ -------- ---------- cis- ation ber of (Instr. tion(s) (Instr. Ownership 3) Security Year) Year) Code V (A) (D) able Date Title Shares 5) (Instr. 4) 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Stock Options (Right to Buy) Common (3) $11.40625 (4) 1/1/09 Stock 200,000 200,000 D ------------------------------------------------------------------------------------------------------------------------------------ Stock Options (Right to Buy) Common (5) $14.44 (4) 6/19/11 Stock 12,500 12,500 D ------------------------------------------------------------------------------------------------------------------------------------ Stock Options (Right to Buy) Common (6) $23.93 3/13/02 A V 75,000 12/31/02 3/12/12 Stock 75,000 75,000 D ------------------------------------------------------------------------------------------------------------------------------------ Stock Options (Right to Buy) Common (6) $23.93 3/13/02 A V 35,000 12/31/04 3/12/12 Stock 35,000 35,000 D ------------------------------------------------------------------------------------------------------------------------------------ Stock Options (Right to Buy) Common (7) $24.07 6/24/02 A V 225,000 (8) 6/24/12 Stock 225,000 225,000 D ------------------------------------------------------------------------------------------------------------------------------------ Stock Options (Right to Buy) Common (7) $24.07 6/24/02 A V 250,000 12/31/06 6/24/12 Stock 250,000 250,000 D ------------------------------------------------------------------------------------------------------------------------------------ (1) Represents a restricted stock award from the issuer. (2) Represents a restricted stock award from the issuer which vests on December 31, 2016. (3) Granted pursuant to the Armor Holdings, Inc. 1998 Stock Option Plan. (4) Presently exercisable. (5) Granted pursuant to the Armor Holdings, Inc. 1999 Stock Incentive Plan. (6) Granted pursuant to the Armor Holdings, Inc. 2002 Executive Stock Plan. (7) Granted pursuant to the Armor Holdings, Inc. 2002 Incentive Stock Plan. (8) Options to purchase 25,000 shares vest on December 31, 2002 and options to purchase 200,000 shares vest on each of December 31, 2003 and December 31, 2004. * If the Form is filed by more than one reporting person, See Instruction 5(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Warren B. Kanders September 16, 2002 ---------------------------------------- -------------------- ** Signature of Reporting Person Date Warren B. Kanders, individually and on behalf of Kanders Florida Holdings, Inc. Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, See Instruction 6 for procedure.